Still riding high off her incredibly acclaimed performance in "Gravity," Sandra Bullock has just been announced as the recipient of the Desert Palm Achievement Award on behalf of the Palm Springs International Film Festival. Each year the festival chooses one actor and one actress to receive the award; as previously announced, Matthew McConaughey will be honored with the award as well. 

“Sandra Bullock is the epitome of cinematic talent and versatility, said Festival Chairman Harold Matzner.  “In her latest and arguably most demanding role as first-time astronaut Dr. Ryan Stone in Gravity, Bullock faces the primal nightmare of being stranded in space with no apparent way of returning.  Throughout the entire film, her determination to survive is masterfully portrayed.  To this consummate performer who continues to captivate audiences with her artistry, it is our honor to present the 2014 Desert Palm Achievement Award, Actress, to Sandra Bullock.

The festival, which is now in its 25th year, runs from January 3 through 13, with the Awards Gala set to be held on January 4.